A Major Balance

Economics is the study of how societies organize to achieve their material wants. Key social institutions linked to the economy include private businesses, government agencies and nonprofit organizations. Economics students gain an understanding of the complex functioning of a modern economy and the many important problems that can impact the lives of everyone. These problems include: unemployment, inflation, lack of economic growth, poverty and environmental degradation. Knowledge of the economy, combined with the analytical and quantitative skills gained, is highly desirable in any number of professional fields and is an excellent addition to other majors and minors like Business Administration, Public Administration, Urban and Regional Studies, Environmental Science and Global Studies. Economics is also one of the best majors for students preparing for law school or graduate school in business and public administration.

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Meet Tom Nesslein

“Economics is a challenging major, but the future benefits in terms of income and flexibility in the labor market greatly exceed the costs. A key indicator of this is that economics is the largest major at elite liberal arts institutions such as Amherst and Williams College, as well as many prestigious public universities such as the University of Wisconsin-Madison and the University of Michigan.”
- Tom Nesslein, Assoc. Professor and Chair, Economics

Tom is also here to help! If you have any questions about the Economics program please contact us!